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Fortune
Fortune
Nicholas Gordon

Saudi Arabia discloses investment in dozens of VCs

(Credit: Courtesy of FII Institute)

The assassination of Washington Post columnist Jamal Khashoggi in 2018 chilled Saudi Arabia’s attempts to be a major tech player. Allegations that Khashoggi was murdered by Saudi agents on the order of Saudi crown prince Mohammed bin Salman led many tech companies to downplay investments from the country, if not publicly distance themselves from it.

Yet a disclosure on the website of Sanabil Investments, the venture arm of Saudi Arabia’s Public Investment Fund, shows that Saudi money is going back into the tech sector. 

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